According to a recent Vegas Inc article, the housing market should continue to remain steady throughout 2016. If January is an indicator of how the rest of 2016 will play out, we should continue to see a fairly stable market. The Las Vegas housing market is starting to get back to where it was before the recession. Although, it is not moving as fast as some would like, it is moving at a stable pace, which is what experts want to see for the market.
"Sellers who listed their home in January sought a median $248,950, up 5.9 percent from December and 10.6 percent year-over-year."
"The median sales price of single-family homes in Southern Nevada in January was $219,000, down 0.5 percent from December but up 9.5 percent from January 2015, according to the Greater Las Vegas Association of Realtors."